Group 1 - The Indonesian government plans to impose an export tax of 1% to 5% on coal starting in 2026 to increase national revenue and optimize the tax structure without undermining the international competitiveness of Indonesian coal [1] - Indonesia, as a significant exporter of thermal coal, has previously enjoyed tax exemptions on coal exports, but due to changing economic conditions and increased fiscal pressure, the government has decided to reinstate export taxes [1] - The tax rate will be determined based on the calorific value and category of coal, with an expected additional tax revenue of approximately 20 trillion Indonesian Rupiah (around 1.2 billion USD) in 2026, which will help alleviate fiscal pressure and support the development of clean energy and downstream industries [1] Group 2 - The Indonesian government is also advancing stricter foreign exchange management regulations, which are expected to take effect on January 1, 2026, requiring natural resource exporters to deposit all foreign exchange earnings into state-owned banks for at least one year [1] - The new regulations will allow a maximum of 50% of foreign exchange earnings to be converted into Indonesian Rupiah, aimed at increasing the retention of foreign exchange within the domestic banking system, enhancing dollar supply, and stabilizing the exchange rate of the Indonesian Rupiah [1]

Group 1 - The Indonesian government plans to impose an export tax of 1% to 5% on coal starting in 2026 to increase national revenue and optimize the tax structure without undermining the international competitiveness of Indonesian coal [1] - The tax rate will be determined based on the calorific value and category of coal, marking a shift from the long-standing tax exemption enjoyed by the coal export sector [1] - The Ministry of Finance anticipates that this export tax policy could generate approximately 20 trillion Indonesian rupiah (around 1.2 billion USD) in additional tax revenue in 2026, helping to alleviate fiscal pressure and create conditions for the development of clean energy and downstream industries [1] Group 2 - The Indonesian government is also advancing stricter foreign exchange management regulations, which are expected to take effect on January 1, 2026, requiring natural resource exporters to deposit all foreign exchange earnings into state-owned banks for at least one year [1] - The new regulations will allow a maximum of 50% of foreign exchange earnings to be converted into Indonesian rupiah, aimed at increasing the retention of foreign exchange within the domestic banking system and stabilizing the exchange rate of the Indonesian rupiah [1]

Group 1 - The Indonesian government plans to impose an export tax of 1% to 5% on coal starting in 2026 to increase national revenue and optimize the tax structure while maintaining the international competitiveness of its coal industry [1] - The tax rate will be determined based on the calorific value and category of coal, with the government expecting limited impact on overall profitability [1] - The export tax is projected to generate approximately 20 trillion Indonesian Rupiah (around 1.2 billion USD) in additional revenue in 2026, which will help alleviate fiscal pressure and support the development of clean energy and downstream industries [1] Group 2 - The Indonesian government is advancing stricter foreign exchange management regulations, which are expected to take effect on January 1, 2026 [2] - The new regulations require natural resource exporters to deposit all foreign exchange earnings into state-owned banks for at least one year and allow a maximum of 50% of foreign exchange earnings to be converted into Indonesian Rupiah [2] - These measures aim to increase the retention of foreign exchange within the domestic banking system, enhance dollar supply, and stabilize the exchange rate of the Indonesian Rupiah [2]